New guidance for tax practitioners about engagement letters for tax work.
ACCA, CIOT, ATT, AAT and STEP have released the new professional bodies’ guidance on tax engagement letters. Engagement Letters for Tax Professionals replaces Technical Factsheets 173 and 174 issued in 2013 and 2012.
Along with guidance, fee and other letters, and model terms and conditions it includes the tax letters for the following services:
personal tax – individuals, sole traders and couples
trusts and estates
limited liability partnerships
companies and associations liable to corporation tax- pre-tagged accounts
companies and associations liable to corporation tax - tagging services